Twenty Dollars Clause
While the amount mentioned in the amendment ($20) has not been indexed or adjusted for inflation, Congress has never extended federal diversity jurisdiction to amounts that small, and the amendment is one of the few portions of the Bill of Rights never to have been incorporated by the Supreme Court of the United States. Under the current Federal Rules of Civil Procedure (28 U.S.C. ยง1332), the amount in dispute in diversity cases must exceed $75,000 USD in order for the case to be heard in federal court.
Read more about this topic: Seventh Amendment To The United States Constitution
Famous quotes containing the words twenty, dollars and/or clause:
“in that seson on a day
In Southwerk at the Tabard as I lay
Redy to wenden on my pilgrymage
To Caunterbury with ful devout corage,
At nyght was come into that hostelrye
Wel nyne and twenty in a compaignye”
—Geoffrey Chaucer (1340?–1400)
“There is probably not more than one hundred dollars in cash in circulation today. That is, if you were to call in all the bills and silver and gold in the country at noon tomorrow and pile them on the table, you would find that you had just about one hundred dollars, with perhaps several Canadian pennies and a few peppermint Life Savers.”
—Robert Benchley (1889–1945)
“Long ago I added to the true old adage of “What is everybody’s business is nobody’s business,” another clause which, I think, more than any other principle has served to influence my actions in life. That is, What is nobody’s business is my business.”
—Clara Barton (1821–1912)